Economic Assessment of Options for Prospective Development of Production Subsystem of Export-Oriented Coal Companies

Author(s):  
A.O. Kuzmina ◽  
N.V. Karpenko ◽  
S.M. Popov ◽  
A.A. Rozhkov

The authors review the challenges and trends of the Russian coal exports and describe fields that are potentially attractive for exports in the new coal mining centers in the East of Russia. A conclusion is made that the only option available for the Russian coal industry in the eastern parts of the country is the export-oriented sustainable development in conditions when the global coal trade is shifting towards the Asia-Pacific region. Scientific and methodological support for the implementation of investment projects of Russian coal companies has been developed for the new economic conditions. The economic and mathematical model is proposed to assess the options of perspective development of production subsystem of an export-oriented coal company, which helps to define the parameters of a rational option to develop the coal sector including the volumes of annual expenses of investors to obtain the highest revenue from coal export.

Significance This year started with a contraction of first-quarter GDP, after two years of very slow growth. Industrial output contracted as well. As world oil prices have dropped, Belarus no longer receives windfall proceeds from exporting distillates produced from cheap Russian crude. The onset of a systemic recession in an election year may prove particularly troublesome for President Alexander Lukashenka. Perhaps in anticipation of the worsening economic conditions, the electoral commission asked legislators to schedule this year's presidential polls on October 11, a month earlier than expected. Impacts To prevent economic failures from swaying voters away from Lukashenka, the authorities will step up suppression of opposition. Minsk may look for increased investment and strengthening of relations in the Asia-Pacific region as a way to boost the economy. According to Russian Deputy Finance Minister Sergei Storchak, Russia is considering a loan to Belarus to help refinance its debts.


2021 ◽  
Vol 128 ◽  
pp. 02002
Author(s):  
Aleksandr Prosekov ◽  
Artem Rada

The purpose of the study is to develop a forecast for the development of the coal industry in Russia for 2021-2030 in the context of the transition to carbon neutrality. Irwin’s criterion was used to analyze outliers of a number of dynamics, the method of ascending and descending series to identify a trend, standard methods for assessing autocorrelation and heteroscedasticity. For forecasting, the equations of trends, the method of exponential smoothing were used. The necessity of constructing a differentiated forecast for three elements of the use of coal mined in Russia is shown: domestic consumption, export to Europe, export to the Asia-Pacific region. Domestic coal consumption is very stable and with a 95% probability it will be between 210 and 225 million tons. Coal exports to the west will decline monotonically in line with plans by European governments to stop using thermal coal. It will be about 60 million tons in 2025 and about 15-20 million tons in 2030. Exports to the countries of the Asia-Pacific region will grow until 2030. After 2030, demand for thermal coal in the Asia-Pacific region will begin to decline in line with China's plans to move towards carbon neutrality by 2050-2060. According to the forecast obtained in the study, the export of coal from Russia to the east will reach 150 million tons in 2025 and 190 million tons in 2030, after which it will begin to decline. Therefore, the coal-mining regions of Russia in the next 5-10 years must diversify the economy.


2020 ◽  
Vol 2 ◽  
pp. 62
Author(s):  
James Peoples ◽  
Muhammad Asraf Abdullah ◽  
NurulHuda Mohd Satar

Health risks associated with coronavirus disease 2019 (COVID-19) have severely affected the financial stability of airline companies globally.  Recapturing financial stability following this crisis depends heavily on these companies’ ability to attain efficient and productive operations.  This study uses several empirical approaches to examine key factors contributing to carriers sustaining high productivity prior to, during and after a major recession.  Findings suggest, regardless of economic conditions, that social distancing which requires airline companies in the Asia Pacific region to fly with a significant percentage of unfilled seats weakens the performance of those companies.  Furthermore, efficient operations do not guarantee the avoidance of productivity declines, especially during a recession.


1995 ◽  
Vol 40 (4) ◽  
pp. 383-384
Author(s):  
Terri Gullickson

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